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Actuary SrCompany: Munich Re America ServicesLocation: Princeton, United StatesWe are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.The CompanyMunich Re America Services (MRAS) is a shared service organization that delivers services to all Munich Re US P&C Companies and other group entities.As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive – from traditional reinsurance coverages to niche and specialty reinsurance and insurance products.The OpportunityFuture focused and always one step ahead!We’re looking to hire a Senior Actuary to enrich the MR-AS Corporate Reserving Team.The responsibility of Corporate Reserving is to use quantitative and qualitative methods to perform and oversee the loss reserve analyses for Munich Re’s property and casualty business in the US. This includes continuous monitoring of the reserve position, and the further development of actuarial methods, the underlying systems, and tools.Additional responsibilities include the assessment of reserve uncertainty and reserve risk, as well as financial reporting on non-life technical provisions under IFRS17, Solvency II, US GAAP, and Statutory standards.Responsibilities<ul><li>Leading the actuarial analyses and closing for the business written by Next Insurance and consequently assumed into the MRAm pool.</li><li>Ensuring smooth processes and managing the relationship with actuarial teams across Munich Re Group stakeholders.</li><li>Collaborating in a diverse team with various backgrounds and skills aiming to maximize the quality of Corporate Reserving’s deliverables and the success of Munich Re Group.</li><li>Communicating and acting as an interface in Corporate Reserving for Central Reserving (Group), FMR, NEXT Insurance, and ERGO Group.</li><li>Developing these interfaces into trusted relationships and aligning different interests in a complex organization.</li><li>Completing actuarial analyses which may include ultimate loss projections, monitoring of loss development, quantitative and qualitative portfolio analysis, and research projects.</li><li>Ensuring quarterly and annual internal as well as external closing and reporting processes for Next Insurance business work smoothly and are concluded with a very high quality.</li><li>Achieving integral collaboration with the NEXT and ERGO teams to ensure a deep understanding of the markets, ensuring consistent approaches and full transparency of reserving insights across the different stakeholders.</li><li>Providing reserving perspectives to enable informed strategic business decisions.</li></ul>Qualifications<ul><li>Bachelor’s degree in economics, mathematics, actuarial science, or a similar qualification with a strong quantitative focus; Masters or MBA preferred.</li><li>ACAS or FCAS (or comparable credential) preferred.</li><li>Experience in non-life (re)insurance, including reserving, pricing, underwriting, risk management, accounting, reporting, and/or controlling or similar disciplines.</li><li>Excellent quantitative and analytical skills with emphasis on practical application.</li><li>Strong leadership and interpersonal skills. Ability to influence and negotiate with others and create acceptance for proposals.</li><li>Strong verbal and written communication skills, including the ability to explain technical concepts to non-technical audiences.</li><li>Familiarity with IFRS17, Solvency II, US GAAP, and Statutory standards.</li><li>Project management, process optimization, and change management experience.</li><li>Experience with insurance-related databases and data warehouses is an advantage.</li></ul>The Company is open to considering candidates in numerous locations, including Princeton and NYC. The salary range posted below applies to the Company’s NYC location.The base salary range anticipated for this position in NYC is $197,900 - $290,300 plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays, and paid time off (PTO).The salary estimate displayed represents the typical salary range for candidates hired in this position in NYC. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have, and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.At Munich Re, we see Diversity, Equity, and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work.We strive to provide a workplace where all of our colleagues feel respected, valued, and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Actuary SrCompany: Munich Re America ServicesLocation: Princeton, United StatesWe are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.The CompanyMunich Re America Services (MRAS) is a shared service organization that delivers services to all Munich Re US P&C Companies and other group entities.As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive – from traditional reinsurance coverages to niche and specialty reinsurance and insurance products.The OpportunityFuture focused and always one step ahead!We’re looking to hire a Senior Actuary to enrich the MR-AS Corporate Reserving Team.The responsibility of Corporate Reserving is to use quantitative and qualitative methods to perform and oversee the loss reserve analyses for Munich Re’s property and casualty business in the US. This includes continuous monitoring of the reserve position and the further development of actuarial methods, the underlying systems, and tools.Additional responsibilities include the assessment of reserve uncertainty and reserve risk, as well as financial reporting on non-life technical provisions under IFRS17, Solvency II, US GAAP, and Statutory standards.Responsibilities<ul><li>Lead the actuarial analyses and closing for the business written by Next Insurance and consequently assumed into the MRAm pool.</li><li>Ensure smooth processes and manage the relationship with actuarial teams across Munich Re Group stakeholders.</li><li>Collaborate in a diverse team with various backgrounds and skills aiming to maximize the quality of Corporate Reserving’s deliverables and the success of Munich Re Group.</li><li>Communicate and act as an interface in Corporate Reserving for Central Reserving (Group), FMR, NEXT Insurance, and ERGO Group.</li><li>Develop trusted relationships and align different interests in a complex organization.</li><li>Complete actuarial analyses which may include ultimate loss projections, monitoring of loss development, quantitative and qualitative portfolio analysis, and research projects.</li><li>Ensure quarterly and annual internal as well as external closing and reporting processes for Next Insurance business work smoothly and are concluded with a very high quality.</li><li>Achieve integral collaboration with the NEXT and ERGO teams to ensure a deep understanding of the markets.</li><li>Ensure consistent approaches and full transparency of reserving insights across the different stakeholders.</li><li>Provide reserving perspectives to enable informed strategic business decisions.</li></ul>Qualifications<ul><li>Bachelor’s degree in economics, mathematics, actuarial science, or a similar qualification with a strong quantitative focus; Masters or MBA preferred.</li><li>ACAS or FCAS (or comparable credential) preferred.</li><li>Experience in non-life (re)insurance, including reserving, pricing, underwriting, risk management, accounting, reporting, and/or controlling.</li><li>Excellent quantitative and analytical skills with emphasis on practical application.</li><li>Strong leadership and interpersonal skills. Ability to influence and negotiate with others and create acceptance for proposals.</li><li>Strong verbal and written communication skills, including the ability to explain technical concepts to non-technical audiences.</li><li>Familiarity with IFRS17, Solvency II, US GAAP, and Statutory standards.</li><li>Project management, process optimization, and change management experience.</li><li>Experience with insurance-related databases and data warehouses is an advantage.</li></ul>The Company is open to considering candidates in numerous locations, including Princeton and NYC. The salary range posted below applies to the Company’s NYC location.The base salary range anticipated for this position in NYC is $197,900 - $290,300 plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays, and paid time off (PTO).The salary estimate displayed represents the typical salary range for candidates hired in this position in NYC. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have, and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.At Munich Re, we see Diversity, Equity, and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work.We strive to provide a workplace where all of our colleagues feel respected, valued, and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Deloitte Consulting's Human Capital practice is a leading global advisor and implementation partner working with companies, governments, and organizations around the world. Our goal is to improve our clients' organizational results and impact by focusing on challenges at the intersection of business and people. Recruiting for this role ends on 2/5/25.Work you'll doAs a Deloitte Consulting Health Actuary Manager in the Insurance practice of Deloitte's Human Capital group, you will assist Deloitte Managers, Senior Managers, and Partners in providing strategic and technical consulting services to health plans, providers, Federal and State governments, and PBMs.At Deloitte, you can be a part of the transformation of the health care sector. Deloitte's health actuaries are participating in the development of evidence-based medicine and the transition of payments from paying for what is done to paying for the value provided.These types of problems require actuaries who are not only technically strong but also can be innovative, capable of addressing ill-defined, complex problems, and have a business orientation.Other responsibilities include:<ul><li>Lead a team creating a model to value the impact of health care reform on a health plan client</li><li>Review trend forecasting and predictive modeling tools</li><li>Assist clients to define underwriting policies to reduce selection</li><li>Price alternative plan designs and define product strategy</li><li>Identify strategies to reduce enterprise costs</li><li>Review reserves in support of Deloitte & Touche audits of health care liabilities</li><li>Communicate ROI for medical management and other health plan initiatives to senior level clients and Deloitte leadership</li><li>Prepare and present client presentations and reports</li><li>Conduct other Manager level health actuarial consulting activities, as required</li></ul>The teamActuarial & Insurance SolutionsDeloitte's Actuarial & Insurance Solutions practice works with finance, actuarial, and risk functions to help life insurance companies, property & casualty insurance companies, health plans, and healthcare providers modernize their operations and manage actuarial costs and risks.This involves helping our clients move from where they are today to where they need to be in the future. To enable our success, we use data and insights to inform better ways of managing risk.With over 250 credentialed actuaries in the U.S., our A&IS practice is one of the largest in the world. We are recognized as a leader in providing comprehensive, high-quality actuarial consulting, advanced analytics, and risk management services to our clients.QualificationsRequired:<ul><li>Bachelor's degree</li><li>6+ years of Health Actuary experience</li><li>Successfully passed 5 actuarial exams</li><li>Limited immigration sponsorship may be available</li><li>Ability to travel up to 50%, on average, based on the work you do and the clients and industries/sectors you serve</li></ul>Preferred:<ul><li>6+ years of consulting and/or health plan/insurance company experience</li><li>Experience managing staff and leading medium to large sized teams</li><li>ASA with progression to FSA, FSA, or career ASA designation</li><li>Experience with one or more of the following areas:</li><li>Product design and/or product strategy</li><li>Reimbursement models - including value-based care/ACO modeling</li><li>Risk adjustment mechanisms</li><li>Familiarity with group insurance products including disability, long term care, etc.</li><li>Merger and Acquisition experience</li><li>Health care reform with working knowledge of the individual medical and small group markets and/or state Medicaid programs</li><li>Strong client presence with project management, presentation, and facilitation skills</li><li>Ability to succeed in team-based or independent environments</li><li>Well-organized with the ability to handle several projects/clients simultaneously</li><li>Strong oral and written communication skills</li><li>Ability to create and manage client relationships and develop business</li><li>Dedicated work ethic with a commitment to client service excellence</li></ul>

Associate ActuaryCompany: Munich Re AmericaLocation: New York, United StatesWe will consider candidates in New York, NY, Princeton, NJ, Philadelphia, PA or Hartford, CT.We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.The CompanyMunich Re Specialty - North America provides extensive, specialty property and casualty insurance solutions to customers through select brokers, Managing General Agents, program administrators, cover holders and insurtech partners. Products include: property, casualty, professional liability and other specialty insurance solutions. Our comprehensive, customized solutions are provided by A+ rated carriers and are tailored to clients’ needs. We offer superior service levels, industry-recognized underwriting and claims expertise and innovative approaches to complex and evolving risks.Munich Re Specialty - North America is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America.The OpportunityAre you ready for a new challenge? We are looking to hire a lead pricing actuary for the Mobility/Innovation business unit of MRSNA. This individual will support profitable growth across tech-enabled commercial auto, autonomous vehicles, and mobility-as-a-service insurance products.Key Responsibilities of this position include:<ul><li>Support the multi-year transformation from legacy to modern, modular, cloud-based pricing tools.</li><li>Partner with actuarial colleagues, IT, Operations, and Underwriting to develop our next-generation pricing capabilities.</li><li>Support the launch of new products and expand the capabilities of existing products in property, casualty, professional liability, and specialty lines of business.</li><li>Identification of data issues requiring specialized actuarial attention</li></ul>Job Requirements:<ul><li>Significant progress toward membership in the Casualty Actuarial Society, as demonstrated by five or more CAS exams.</li><li>4+ years of experience in insurance pricing, preferably supporting commercial or specialty insurance products.</li><li>Strong programming skills, with proficiency in Python, R, VBA, SQL or similar programming languages.</li><li>Robust understanding of pricing techniques, including ratemaking or predictive modeling.</li><li>Strong interpersonal skills. Ability to influence and negotiate with others and create acceptance for proposals.</li><li>Excellent oral and written communication skills.</li></ul>We will consider candidates in New York, NY, Princeton, NJ, Philadelphia, PA or Hartford, CT.The salary range posted below applies to the Company’s NYC location. The base salary range anticipated for this position is $110,500 - $162,000 plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).The salary estimate displayed represents the typical salary range for candidates hired in this position in NYC. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Associate ActuaryCompany: Munich Re AmericaLocation: New York, United StatesWe will consider candidates in New York City; Philadelphia, PA; or Princeton, NJ.We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.The CompanyMunich Re Specialty North America provides extensive, specialty property and casualty insurance solutions to customers through select brokers, Managing General Agents, program administrators, cover holders and insurtech partners. Products include: property, casualty, professional liability and other specialty insurance solutions. Our comprehensive, customized solutions are provided by A+ rated carriers and are tailored to clients’ needs. We offer superior service levels, industry-recognized underwriting and claims expertise and innovative approaches to complex and evolving risks.Munich Re Specialty North America is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America.The OpportunityAre you ready for a new challenge? We are looking to hire a lead pricing actuary for the Mobility/Innovation business unit of Munich Re Specialty North America. This individual will support profitable growth across tech-enabled commercial auto, autonomous vehicles, and mobility-as-a-service insurance products.Key Responsibilities of this position include:<ul><li>Build and maintain pricing and underwriting tools, including telematics scoring models, for account pricing and portfolio steering.</li><li>Develop pricing strategy for assessing and monitoring autonomous vehicle risks.</li><li>Prepare and complete pricing analyses, including the development of rates, ultimate loss projections and communication of results.</li><li>Lead development and update of Actuarial models and databases through formula development, research on methodologies, and collaboration on technical teams.</li><li>Provide actuarial insight and expertise as a participant or lead on a Line of Business Expert Group.</li><li>Maintain contemporary, in-depth knowledge of the commercial auto and mobility markets and produce thought leadership internally and/or externally.</li><li>Lead actuarial due diligence for new partnership opportunities with technology and mobility partners and assess performance of existing partners.</li><li>Strong understanding and ability to discuss and apply the use of existing & new actuarial concepts/techniques involving exposure adjustments, trend, loss development, exposure rating, et al.</li><li>Provide training of others (underwriters, client managers, risk analysts, accountants and actuaries) regarding actuarial analyses and methodologies.</li></ul>Job Requirements:<ul><li>Significant progress toward membership in the Casualty Actuarial Society, as demonstrated by five or more CAS exams.</li><li>Four (4) or more years of experience in primary insurance pricing, especially commercial auto.</li><li>Experience working with telematics data and rating plans is preferred.</li><li>Strong technical actuarial skills and strong knowledge and understanding of rating models.</li><li>Strong interpersonal skills. Ability to influence and negotiate with others and create acceptance for proposals.</li><li>Experience in use of R, Python or other statistical software in insurance pricing applications.</li><li>Excellent oral and written communication skills.</li></ul>We will consider candidates in New York City; Philadelphia, PA; or Princeton, NJ.The salary range posted below applies to the Company’s NYC location. The base salary range anticipated for this position is $110,500 - $162,000 plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).The salary estimate displayed represents the typical salary range for candidates hired in this position in NYC. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Apply now!

Associate ActuaryCompany: Munich Re AmericaLocation: Princeton, United StatesWe will consider candidates in New York City, Philadelphia, PA and Princeton, NJ.We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.The CompanyMunich Re Specialty - North America provides extensive, specialty property and casualty insurance solutions to customers through select brokers, Managing General Agents, program administrators, cover holders and insurtech partners. Products include: property, casualty, professional liability and other specialty insurance solutions. Our comprehensive, customized solutions are provided by A+ rated carriers and are tailored to clients’ needs. We offer superior service levels, industry-recognized underwriting and claims expertise and innovative approaches to complex and evolving risks.Munich Re Specialty - North America is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America.The OpportunityOur Associate Actuary supporting reporting and results monitoring will be responsible to enhance and manage reporting functions residing in the Pricing Governance unit for Munich Re Specialty – North America.Key Responsibilities of this position include:<ul><li>Lead the ongoing monthly and quarterly updates of actuarial reports.</li><li>Become the knowledge matter expert in this domain.</li><li>Implement robust documentation and data quality processes.</li><li>Lead efforts to automate these updates and transfer, where possible, the future report production to the Digital Enablement team.</li><li>Implement unified price monitoring standards across all of Munich Re Specialty – North America, including rate change, technical premium, and related reports.</li><li>Manage the annual Loss Planning process and collaborate with actuarial, finance, and IT teams in the build-out of SAP functionality and long-term planning of Munich Re Specialty – North America business.</li><li>Collaborate with Corporate Underwriting, Data Operations, and business stakeholders in the design, implementation, and enhancement of reports.</li><li>Identify opportunities for advances in pricing, monitoring and steering of Munich Re Specialty – North America business, including data capture and supplementation, pricing and analytical tools and methods, KPIs and portfolio deep dives.</li><li>Implement robust documentation process for peer reviews and reporting methodologies.</li></ul>Job Requirements:<ul><li>Bachelor’s Degree in Mathematics, Actuarial Science, Economics, Finance, Statistics or related field requiring modeling, programming, or quantitative analysis.</li><li>At least 4+ years of insurance/actuarial experience.</li><li>Membership in the Casualty Actuarial Society preferred.</li><li>Strong knowledge technology and analytics.</li><li>Strong interpersonal skills. Ability to influence and negotiate with others and create acceptance for proposals.</li><li>Good time management skills.</li><li>Excellent computer skills including model building and data capture.</li><li>Excellent oral and written communication skills.</li></ul>The salary range posted below applies to the Company’s NYC locations. The base salary range anticipated for this position is $110,500 - $162,000 plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).The salary estimate displayed represents the typical salary range for candidates hired in this position in NYC. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Apply now!

We will consider candidates in New York City, Princeton, NJ and Philadelphia, PA. We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.Munich Re Specialty Insurance (MRSI) provides extensive, specialty property and casualty insurance solutions to customers through select brokers, Managing General Agents, program administrators, cover holders and insurtech partners. Products include: property, casualty, professional liability and other specialty insurance solutions. Our comprehensive, customized solutions are provided by A+ rated carriers and are tailored to clients' needs. We offer superior service levels, industry-recognized underwriting and claims expertise and innovative approaches to complex and evolving risks.Munich Re Specialty Insurance (MRSI) is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America.The OpportunityAre you ready for a new challenge? Munich Re Specialty Insurance (MRSI) is embarking on a multi-year transformation from legacy to modern pricing tools and is looking for a talented hands-on manager to lead this effort. This is an exciting opportunity to transform the pricing technology of a leading specialty insurer.Key Responsibilities of this position include:<ul><li>Lead the multi-year transformation from legacy to modern, modular, and cloud-based pricing tools.</li><li>Implement a suite of pricing tools for account and portfolio pricing to enable manual rating, experience rating, exposure rating, and contract structure modeling.</li><li>Partner with IT Operations &amp; third party vendors in the design, development, implementation, and support of pricing tools.</li><li>Develop governance framework for pricing tool development and change management to ensure tools are developed quickly, functional, high-quality, consistent, and scalable.</li><li>Own tool and feature roadmap. Prioritize future development efforts based on pricing department and business unit needs.</li><li>Lead a small team of actuarial developers to produce requirements, prototypes, and code for pricing tools.</li><li>Partner with IT and Operations to integrate pricing tools with databases, benchmark libraries, third-party data, external models, and policy admin systems.</li><li>Participate in training others (underwriters, client managers, risk analysts, accountants and actuaries) regarding actuarial tools, analyses, and methodologies.</li><li>Mentor, train, and review the work of more junior actuaries.</li></ul>Job Requirements:<ul><li>Membership in the Casualty Actuarial Society required. FCAS preferred.</li><li>Eight (8)+ years of experience in primary insurance pricing.</li><li>Hands-on experience building web-based pricing tools required. Experience with vendor pricing tool platforms preferred.</li><li>Strong technical actuarial skills and strong knowledge and understanding of rating models.</li><li>Strong interpersonal skills. Ability to influence and negotiate with others and create acceptance for proposals.</li><li>Proficiency with Python in insurance pricing applications.</li><li>Excellent oral and written communication skills.</li><li>People management experience preferred.</li></ul>The Company is open to considering candidates in our Princeton NJ, Philadelphia or New York offices. The salary range posted below applies to the Company's NYC location. The base salary range anticipated for this position is $188,300 - $276,200 plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).The salary estimate displayed represents the typical salary range for candidates hired in this position in NYC. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.At Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Offer:Munich Re Specialty Insurance (MRSI) provides extensive, specialty property and casualty insurance solutions to customers through select brokers, Managing General Agents, program administrators, cover holders and insurtech partners. Products include: property, casualty, professional liability and other specialty insurance solutions.Our comprehensive, customized solutions are provided by A+ rated carriers and are tailored to clients’ needs. We offer superior service levels, industry-recognized underwriting and claims expertise and innovative approaches to complex and evolving risks.In this position you will:<ul><li>Support the launch of new products and expand the capabilities of existing products in property, casualty, professional liability, and specialty lines of business.</li><li>Assist in the rebuild of our pricing systems in Python</li><li>Participate in development and update of Actuarial models and databases through formula development, research on methodologies, and collaboration on technical teams.</li><li>Strong understanding and ability to discuss and apply the use of existing &amp; new actuarial concepts/techniques involving exposure adjustments, trend, loss development, exposure rating, et al with some assistance/guidance.</li><li>Identification of data issues requiring specialized actuarial attention</li></ul>Profile:<ul><li>Significant progress toward membership in the Casualty Actuarial Society, as demonstrated by five or more CAS exams.</li><li>Four or more years of experience in insurance pricing, preferably supporting commercial or specialty insurance products.</li><li>Robust understanding of pricing techniques, including ratemaking and predictive modeling.</li><li>Strong interpersonal skills. Ability to influence and negotiate with others and create acceptance for proposals.</li><li>Experience in R, Python, SAS or other statistical software in insurance pricing applications.</li><li>Excellent oral and written communication skills</li></ul>The base salary range anticipated for this position is $104,600 - 153,300, plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO). The Company is open to considering candidates in Princeton and NYC.About Munich ReFounded in 1917, Munich Reinsurance America, Inc. is one of the largest reinsurers in the United States. Munich Reinsurance America, Inc. has earned the A+ (Superior) financial strength rating from A.M. Best Company - that's among the highest in the industry. Over 1,000 employees serve our clients from our Princeton, New Jersey campus and regional offices throughout the United States.At Munich Re US, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services. We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

About the role<ul><li>Support the global pricing function in developing pricing across HSB’s product segments in the Personal, Commercial, and Specialty insurance space.</li><li>Assist in the development of rates, strategies, product development, forecasting, and other analytical research through the usage of actuarial and statistical methods.</li><li>Work with underwriting, regulatory, claims and engineering units to ensure technical expertise is fully leveraged in the development of and use in pricing models and that products perform as desired in the broader market.</li><li>Help mentor and train junior staff.</li></ul>Qualifications<ul><li>Education and Experience:<ul><li>Bachelor’s degree in Actuarial Science, Statistics, Economics, Finance, Mathematics or related fields requiring modeling, programming or quantitative analysis or equivalent work experience is required</li><li>5+ years’ experience doing actuarial work in the insurance or reinsurance industries is required</li><li>Membership in the Casualty Actuarial Society (ACAS/FCAS) is required</li></ul></li><li>Knowledge and Skills:<ul><li>In depth knowledge of actuarial models, standard actuarial techniques particularly around pricing in the personal and commercial lines markets.</li><li>Understanding client and market dynamics, as well as regulatory requirements</li><li>Knowledge of primary and non-traditional reinsurance/alternative market</li><li>Proficient computer skills in MS Office Suite and actuarial modeling software used for reserving, ratemaking, pricing, modeling stochastic distributions or data analysis (as appropriate)</li><li>Attention to detail</li><li>Effective time management skills, to include prioritizing and bringing about decisions</li><li>Self-driving and proactive</li><li>Ability to train others and pass on expertise</li><li>Work well both independently and in cross-disciplinary teams</li><li>Ability to influence and negotiate with others and create acceptance for proposals. Strong interpersonal skills.</li><li>Entrepreneurial spirit</li><li>Ability to work in an environment that constantly changes</li></ul></li></ul>About usAt The Hartford Steam Boiler, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Are you ready for a new challenge? We are looking for knowledgeable and skilled pricing actuaries to help drive the profitable growth of our Excess and Surplus products.Munich Re US recently launched a new insurance operations described as RSI) that unites the strengths and expertise of Munich Re’s specialty commercial teams in North America under a new management structure. This allows for the development of an overarching sales strategy through which the specialty risk appetite and offering of products that can be profitably optimized and expanded.As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive – from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.The Associate Actuary role will have a significant supporting role in the pricing and monitoring of the Excess and Surplus business.In this position you will:<ul><li>Support the launch of new products and expand the capabilities of existing products in property, casualty, professional liability, and specialty lines of business.</li><li>Develop and maintain pricing tools for account pricing and portfolio steering.</li><li>Prepare and complete pricing analyses, including the development of rates, ultimate loss projections and communication of results.</li><li>Participate in development and update of Actuarial models and databases through formula development, research on methodologies, and collaboration on technical teams.</li><li>Support for result monitoring, pricing and portfolio management projects that will assist underwriters and management in managing and steering business. Document and communicate assumptions, results, and alternatives to actuarial staff and internal clients.</li><li>Strong understanding and ability to discuss and apply the use of existing &amp; new actuarial concepts/techniques involving exposure adjustments, trend, loss development, exposure rating, et al with some assistance/guidance.</li><li>Identification of data issues requiring specialized actuarial attention.</li><li>Provide actuarial insight and expertise as a participant on a Line of Business Expert Group.</li><li>Participate in training of others (underwriters, client managers, risk analysts, accountants and actuaries) regarding actuarial analyses and methodologies.</li></ul>Profile:Successful candidates will possess the following skills/capabilities: <ul><li>Significant progress toward membership in the Casualty Actuarial Society, as demonstrated by five or more CAS exams.</li><li>Four or more years of experience in insurance pricing, preferably supporting commercial or specialty insurance products.</li><li>Robust understanding of pricing techniques, including ratemaking and predictive modeling.</li><li>Strong interpersonal skills. Ability to influence and negotiate with others and create acceptance for proposals.</li><li>Experience in R, Python, SAS or other statistical software in insurance pricing applications.</li><li>Excellent oral and written communication skills.</li></ul>The base salary range anticipated for this position is $104,600 - $153,300, plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).About Munich ReFounded in 1917, Munich Reinsurance America, Inc. is one of the largest reinsurers in the United States. Munich Reinsurance America, Inc. has earned the A+ (Superior) financial strength rating from A.M. Best Company - that's among the highest in the industry. Over 1,000 employees serve our clients from our Princeton, New Jersey campus and regional offices throughout the United States.As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help you stay competitive - from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.

<div>Offer:We’re adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.The Insurance Operations Munich Re US recently launched a new insurance operations described as Munich Re Specialty Insurance (MRSI) that unites the strengths and expertise of Munich Re’s specialty commercial teams in North America under a new management structure. This allows for the development of an overarching sales strategy through which the specialty risk appetite and offering of products that can be profitably optimized and expanded.As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive – from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.The OpportunityFuture focused and always one step ahead. This Associate Actuary provides actuarial pricing/rating support for MRSI. This person will support Program business in meeting its goals by analyzing, evaluating, modeling and rating potential competitive solutions for our clients, as well as supporting rate filings.In this position you will:<ul><li>Prepare and complete pricing analyses with some guidance, including the development of rates, ultimate loss projections and communication of results. </li><li>Participate in development and update of Actuarial models and databases through formula development, research on methodologies, and collaboration on technical teams.</li><li>Support for result monitoring, pricing and portfolio management projects that will assist underwriters and management in managing and steering business. Document and communicate assumptions, results, and alternatives to actuarial staff and internal and external clients.</li><li>Understanding and ability to discuss and apply the use of existing &amp; new actuarial concepts/techniques involving exposure adjustments, trend, loss development, exposure rating, et al with some assistance/guidance.</li><li>Identification of data issues requiring specialized actuarial attention</li><li>Provide actuarial insight and expertise as a participant on a Line of Business Expert Group</li><li>Pursue formal education via Casualty Actuarial Society (CAS) exams.</li><li>Participate in training of others (underwriters, client managers, risk analysts, accountants and actuaries) regarding actuarial analyses and methodologies.</li></ul>Profile:Successful candidates will possess the following skills/capabilities: <ul><li>Bachelor’s degree in Mathematics, Actuarial Science, Economics, Business or related field.</li><li>ACAS required for Associate Actuary level.</li><li>At least four (4) years of insurance/reinsurance and actuarial pricing experience.</li><li>Good technical actuarial skills.</li><li>Proficient computer skills in MS Office Suite, including PowerBI to be used for ratemaking, pricing, modeling stochastic distributions or data analysis.</li><li>Experience in use of Python, SAS, R or other statistical software in insurance pricing applications.</li><li>Excellent oral and written communication skills and interpersonal skills.</li></ul>At Munich Re US, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Founded in 1917, Munich Reinsurance America, Inc. is one of the largest reinsurers in the United States. Munich Reinsurance America, Inc. has earned the A+ (Superior) financial strength rating from A.M. Best Company - that's among the highest in the industry. Over 1,000 employees serve our clients from our Princeton, New Jersey campus and regional offices throughout the United States.As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help you stay competitive - from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.</div>

Offer:* We will consider candidates in Princeton (NJ), Philadelphia (PA), New York City (NY)Are you ready for a new challenge? We are looking for knowledgeable and skilled pricing actuaries to help drive the profitable growth of our Excess and Surplus products.The Insurance OperationsMunich Re US recently launched a new insurance operations described as Munich Re Specialty Insurance (MRSI) that unites the strengths and expertise of Munich Re’s specialty commercial teams in North America under a new management structure. This allows for the development of an overarching sales strategy through which the specialty risk appetite and offering of products that can be profitably optimized and expanded. As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive – from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.The OpportunityFuture focused and always one step aheadThe Associate Actuary role will have a significant supporting role in the pricing and monitoring of the Excess and Surplus business.In this position you will:<ul><li>Support the launch of new products and expand the capabilities of existing products in property, casualty, professional liability, and specialty lines of business.</li><li>Develop and maintain pricing tools for account pricing and portfolio steering.</li><li>Prepare and complete pricing analyses, including the development of rates, ultimate loss projections and communication of results.</li><li>Participate in development and update of Actuarial models and databases through formula development, research on methodologies, and collaboration on technical teams.</li><li>Support for result monitoring, pricing and portfolio management projects that will assist underwriters and management in managing and steering business. Document and communicate assumptions, results, and alternatives to actuarial staff and internal clients.</li><li>Strong understanding and ability to discuss and apply the use of existing &amp; new actuarial concepts/techniques involving exposure adjustments, trend, loss development, exposure rating, et al with some assistance/guidance.</li><li>Identification of data issues requiring specialized actuarial attention.</li><li>Provide actuarial insight and expertise as a participant on a Line of Business Expert Group.</li><li>Participate in training of others (underwriters, client managers, risk analysts, accountants and actuaries) regarding actuarial analyses and methodologies.</li></ul>Profile:Successful candidates will possess the following skills/capabilities: <ul><li>Significant progress toward membership in the Casualty Actuarial Society, as demonstrated by five or more CAS exams.</li><li>Four or more years of experience in insurance pricing, preferably supporting commercial or specialty insurance products.</li><li>Robust understanding of pricing techniques, including ratemaking and predictive modeling.</li><li>Strong interpersonal skills. Ability to influence and negotiate with others and create acceptance for proposals.</li><li>Experience in R, Python, SAS or other statistical software in insurance pricing applications.</li><li>Excellent oral and written communication skills.</li></ul>At Munich Re US, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services. We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Founded in 1917, Munich Reinsurance America, Inc. is one of the largest reinsurers in the United States. Munich Reinsurance America, Inc. has earned the A+ (Superior) financial strength rating from A.M. Best Company - that's among the highest in the industry. Over 1,000 employees serve our clients from our Princeton, New Jersey campus and regional offices throughout the United States. As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help you stay competitive - from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.

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